Senate Passes DEVASTATING Trump Deal

Senate Passes DEVASTATING Trump Deal

UPDATE: Senate has passed the USMCA, they are sending it to Trump. John Iadarola breaks it down on The Damage Report. Follow The Damage Report on Facebook: https://www.facebook.com/TheDamageReportTYT/

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Read more here: https://www.cnbc.com/2020/01/16/senate-passes-usmca-trade-deal-sends-it-to-trump.html

"The GOP-held chamber approved the United States-Mexico-Canada Agreement in an overwhelming 89-10 vote. After Trump signs the three-nation pact, it needs only Canada’s approval to take effect.

The Senate rushed to pass the agreement before the expected start of the president’s impeachment trial next week. The House delivered articles of impeachment to the upper chamber on Wednesday, and the Senate could take weeks to decide whether to convict Trump and remove him from office.

USMCA will head to the president more than 14 months after the North American nations agreed to the deal. The Trump administration worked with Democrats to resolve concerns about enforcement of labor and environmental standards — changes that led most but not all of the party’s lawmakers to support the agreement.

The Senate’s passage of USMCA came a day after Trump signed a partial trade deal with China. The agreement with Beijing does not require congressional approval.

USMCA makes several tweaks to the North American Free Trade Agreement, which took effect in 1994. Trump and Democrats alike argued that the earlier deal, which opened more free trade across the three countries, damaged American workers by encouraging companies to move jobs out of the U.S."

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